BlackRock Latin America Fund, Inc. Investor A Shares (MDLTX)

54.53
Net Asset Value
+2.08%
1 Day
+10.47%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
5.25
Sales Expenses
1.62%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. Under normal market conditions- the fund will invest at least 80% of its net assets plus any borrowings for investment purposes in Latin American securities. It emphasizes equity securities of companies of any market capitalization located in Latin America. The fund will not seek to invest in a large number of countries in Latin America. It can invest in securities denominated in the currencies of Latin American countries or in other currencies. The fund is non-diversified.

Performance

1 month+1.38% 3 years+8.26%
3 months+2.81% 5 years-0.56%
1 year+23.49% Since inception+8.69%
Data through --

Peer Comparisonvs. Latin america stock

 MDLTXCategory
Performance 5-yr return-0.56%-2.07%
Expense ratio1.62%1.56%
Risk 5 year sharpe ratio0.030.04
Net assets$198.6M$472.9M
Average market cap$23.5B$13.6B
Average P/E19.317.5
Portfolio turnover56%56%

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Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureWilliam Landers / 15 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

International stock96.85%
Cash1.37%
U.S. stock1.20%
Fixed income0.58%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 26.58%
Industrial materials 23.32%
Energy 16.91%
Consumer goods 10.41%
Telecommunication 9.46%
Top 10 Holdings
Portfolio weighting
VALE Vale SA8.34%
ITUB Itau Unibanco Holding SA8.31%
BBD Banco Bradesco SA7.01%
PBRA Petroleo Brasileiro SA Petrobras5.63%
AMX America Movil SAB de CV5.06%
ABEV Ambev4.13%
FMX Fomento Economico Mexicano SAB de CV3.46%
-- 3.29%
-- 2.88%
PBR Petroleo Brasileiro SA Petrobras2.84%